Origination

Rates held firm at 2016 lows, but buyers were in no hurry to take out a mortgage loan this week after the Fed left the option of a June ...

Guild Mortgage faces federal charges of improper origination and underwriting practices on its FHA-backed loans. The suit was filed by the U.S. District Court for the District of Columbia and announced by HUD and Urban Development this morning.

This complex generation stirs up a lot of talk in the mortgage industry, mostly because they have come to be known as the financially unstable and indecisive, renter generation in the housing market.

Many in the mortgage industry have complained of the complexity of implementing the rule and the difficulty of complying, despite the rule’s goal of making it easier on all parties involved to close a mortgage loan. But do homebuyers share these same sentiments?

Although the market may be facing challenges such constrained inventory and home price appreciation outpacing wage growth, existing-home sales have a bright future ahead, according to industry economists. Where will existing-home sales land this week?

Valentin Saportas, CEO and President of MortgageHippo, sat down with MReport to share his perspective on Quicken Loans' Rocket Mortgage technology, the impact that digital mortgages will have on housing, and how the industry should embrace this new movement.

When the CFPB implemented the TRID rule, lenders were faced with the new challenge of altering their disclosure and closing processes. Now the question is which lenders, large or small, were able to come out on top following the TRID regulation.

The digital age has altered the way consumers and financial institution lenders are doing business, and the emergence of online marketplace lending, particularity in the mortgage space, has provided a medium for transactions to occur between the two from anywhere.

When it comes to taking out a mortgage loan, more than half of all first-time homebuyers want to work with a company they consider trustworthy.

The progression of homeownership across the U.S. is declining and educational attainment is a leading factor in the direction of these numbers, according to First American Financial Corp.